Question

As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investing in Sovereign Green Bonds (SGrBs)?

Q: Answer-As per the recent (April 2024) change done to SGrBs, which of the following statements is NOT true a...

FIIs investments in Indias SGrBs are directed solely toward green projects that aim to reduce the nations carbon footprint. Non-green projects, such as fossil fuel extraction and nuclear power generation, are explicitly excluded from receiving funds through SGrBs, as these projects do not align with the goals of reducing carbon emissions and supporting sustainable development.

A FIIs investing in SGrBs help reduce pressure on domestic lenders, providing more capital for green projects.

B The inclusion of FIIs allows more funds to be allocated towards India's 2070 net zero goals.

C FIIs investing in SGrBs help attract more capital for non-green projects like fossil fuel extraction and nuclear power.

D The investment by FIIs in SGrBs helps boost the sustainability goals of the Indian economy by reducing its carbon footprint.

E FIIs' investments bring knowledge and expertise in green technology, benefiting India's green infrastructure projects.

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As per the recent (April 2024) change done to SGrBs, w hich of the following statements is NOT true about Foreign Institutional Investors (FIIs) investing in Sovereign Green Bonds (SGrBs)?

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